The Two Types of Contracts Named for the Point at Which

question 45

Multiple Choice

The two types of contracts named for the point at which responsibility for loss is transferred from seller to buyer is:

• A) point of import, point of export.
• B) origination, destination.
• C) destination, shipment.
• D) none of the above; the seller always assumes the risk of shipment.

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Definitions:

Cognitive Dissonance

Feelings of discomfort resulting from holding contradictory beliefs, ideas, or values at the same time in one's mind.

Attitudes

Mental and emotional entities that inherit positive or negative evaluations of objects, people, or events, influencing an individual's behavior.

Actions

The things that an individual does, often in response to external stimuli or internal decisions.

Cognitive Dissonance

The psychological discomfort experienced by an individual who holds two or more contradictory beliefs, values, or ideas simultaneously.